GOIL PLC Reduces Fuel Prices to Alleviate Transportation Costs in Ghana

GOIL PLC has announced a significant reduction in fuel prices at 150 of its 447 outlets across Ghana, aiming to ease transportation costs for citizens. The new prices are set at GH¢9.99 per litre for petrol (PMS) and GH¢11.21 per litre for diesel (AGO), marking the first return to single-digit petrol prices in nearly a decade. This initiative targets strategically selected stations near commercial vehicle terminals to benefit public transport operators and traders, reflecting GOIL's commitment to supporting national development amidst improving economic conditions. The company emphasizes that these reductions are part of broader socio-economic objectives, encouraging citizens, especially transport operators, to take advantage of the lower prices to support their operations and contribute to economic recovery. GOIL's pricing strategy is attributed to the positive impact of government policies under President John Dramani Mahama, which have fostered stability and growth in the economy.